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Dec 28, 2012
12/12
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. ♪ >>> the russians don't want anybody in spain but the spanish. is that scary? they're communists, yes, but they want total disarmament now. is that scary? hitler and mussolini are using the spanish earth as testing ground for what they want. another world war. is that scary? you're darn right it is! >> barbra streisand in "the way we were." that's my single favorite movie of all time. >> really? >> i told robert redford about it. he said he'd been resisting your clarion call for a sequel ever since. >> it's such a good story for a sequel. >> i know. >> i'm still after him. >> he's never made a sequel to anything, he told me. he just doesn't believe -- >> i understand that. but this happens to be a great story. i wanted it to be released on the 25th anniversary, but we never made it. >> what would have happened? >> it just was a very interesting story about through their daughter and her political activism at berkeley in 1968 and the democratic national convention, which is very interesting. it was a beautiful love story again. >> now, i know that you're into yo
. ♪ >>> the russians don't want anybody in spain but the spanish. is that scary? they're communists, yes, but they want total disarmament now. is that scary? hitler and mussolini are using the spanish earth as testing ground for what they want. another world war. is that scary? you're darn right it is! >> barbra streisand in "the way we were." that's my single favorite movie of all time. >> really? >> i told robert redford about it. he said he'd been...
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Dec 29, 2012
12/12
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FBC
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look at what is going on in spain. millions of people taking to the streets. they still call it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from you, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this in? we wind up with pitchforks? >> it's happening now. they don't call it class warfare. that is what is going on over there. again, there is no air spring. there's nothing about a pro-democracy movement. far too few had much too much and way too many head was too little. the people in the street that one piece of the pipe command it's going on around the world. and for some reason people are oblivious to it. look in this country, college graduates, the income is declining eight or 10% since the recession. you can't find a job. 3 percent of them have jobs paying high-schoo
look at what is going on in spain. millions of people taking to the streets. they still call it a recession with 25 percent unemployment in spain, greece. things are getting worse everywhere. the austerity measures, what austerity measures? i got one. make a story. i'll make a bad bet. i don't want to take my losses. of take the money from you, mr. citizen. of tax you more, cat your services. what you do did you will pay more for my note that your pension and benefits. tom: how does all this...
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Dec 2, 2012
12/12
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the rest is filtered to spain's poorer regions. scots also have an eye on england, even though they're poorer than england. they believe breaking away now would rid them of london's austerity plans, plus they could drill for oil in the sea. they are careful to calculate the costs and benefits. last year scots were polled on how they view independence. if independence made them worse off the results flipped. 500 pounds the only about 800 u.s. dollars. if independence made them worse off by the same amount, results flipped, 66% against independence, 21% for it. remember, 500 pounds is only 800 u.s. dollars. adam smith, a scot, would be proud. europe's economic problems are straining ancient fault lines. northern italy recent having ineffective bailout of neighbors. there's an irony. if you apply that across the continent, the eurozone itself would fall apart, perhaps starting with the departure of germany. by the way, if we applied that logic in america, states like new york, california, connecticut could point out they in effect sub
the rest is filtered to spain's poorer regions. scots also have an eye on england, even though they're poorer than england. they believe breaking away now would rid them of london's austerity plans, plus they could drill for oil in the sea. they are careful to calculate the costs and benefits. last year scots were polled on how they view independence. if independence made them worse off the results flipped. 500 pounds the only about 800 u.s. dollars. if independence made them worse off by the...
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Dec 9, 2012
12/12
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if you look at debt, much higher than many countries in the euro zone, including spain, germany, france. yet, the united states of america is able to borrow at the lowest rate in pretty much its whole recorded history. so you have a very, very diverse landscape at the moment, but certainly one that could be significantly improved, or worsened by the situation that we have concerning the fiscal cliff, the fiscal deficit and the debt of the country, which are three topics that can be addressed now on the comprehensive and efficient fashion. >> in the fiscal cliff negotiation. so what should this mean? because i think i could interpret any given number to say, oh, that means we shouldn't touch taxes for the upper brackets because the economy still needs as much money as it can have in it. or i could argue, oh, this means that we need more stimulus to keep the jobs going, or i could look at the debt and say, oh, this means we need to cut spending. so what does it mean? so what would you, and what globally, what would mean the most for the u.s. to do in terms of the global economy? >> you kn
if you look at debt, much higher than many countries in the euro zone, including spain, germany, france. yet, the united states of america is able to borrow at the lowest rate in pretty much its whole recorded history. so you have a very, very diverse landscape at the moment, but certainly one that could be significantly improved, or worsened by the situation that we have concerning the fiscal cliff, the fiscal deficit and the debt of the country, which are three topics that can be addressed...
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Dec 25, 2012
12/12
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KPIX
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the winners of spain's massive lottery split a jackpot worth more than $3 billion. >>> hi, i'm staff sergeant massey here in kabul, afghanistan. i would like to say happy holidays to all my family in fayetteville, north carolina. happy holidays. my family in fayetteville, north carolina. happy holidays. ( ♪ ) for those nights when it's more than a bad dream, be ready. for the days when you get a sudden call from the school, be ready. for the times you need to double-check the temperature on the thermometer, be ready. when you have children's motrin on hand, you're ready. for high fever, nothing works faster or lasts longer than children's motrin. be ready with children's motrin. when an army of volunteers serve up a holiday feast for thousands of diners. and preparing a stormy white christmas around the countr where people will be shovelg out driveways...and packing scrapers. "i think it will just signal that they can't get it toger -that probably leads to even worse decisions in the futu and bay area leaders sound f on the fiscal cliff stalema. join us for cbs 5 eyewitness news th
the winners of spain's massive lottery split a jackpot worth more than $3 billion. >>> hi, i'm staff sergeant massey here in kabul, afghanistan. i would like to say happy holidays to all my family in fayetteville, north carolina. happy holidays. my family in fayetteville, north carolina. happy holidays. ( ♪ ) for those nights when it's more than a bad dream, be ready. for the days when you get a sudden call from the school, be ready. for the times you need to double-check the...
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Dec 26, 2012
12/12
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companies around the world, spain, peril around the world. cars around the world. multinational companies that are doing stuff right in this environment. we think that is the formula, broad-based market and the people that are executing within that. ashley: aren't you concerned about continued volatility in that area? italian elections coming up in february, german elections not far behind that, has to be seen whether angela merkel can survive that. does that give you cause for concern? >> there is no question about that. every election that has happened in the last two or three years, the incumbent has been evicted from office. you can worry about angela merkel, our guess is she is doing other than the rest of them and will survive, there's plenty to worry about that is what makes overall the market depressed and therefore attractive. ashley: you like the auto sector and insurance, tell us a little bit about that. >> insurance kind of our chicken way of finance. we are not comfortable with the euro banks we think the insurance companies are in much better shape, t
companies around the world, spain, peril around the world. cars around the world. multinational companies that are doing stuff right in this environment. we think that is the formula, broad-based market and the people that are executing within that. ashley: aren't you concerned about continued volatility in that area? italian elections coming up in february, german elections not far behind that, has to be seen whether angela merkel can survive that. does that give you cause for concern?...
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Dec 3, 2012
12/12
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CNBC
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spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has a big fall in redemptions next year when it takes off pressure for sly flex year. spain has the opposite problems, a rise next year. so it's technically done for this year and the reason it's funding is to take some of the pain away from next year. and again these options get done and it isn't a big drama. they do have to get digested. but the primary dealers do take the bontds down and i'll expect no difference different on wednesday. >> so for the moment, no pressure relatively speaking. and yet we're now looking at the downgrades
spain has been doing okay. for as long as i can continue, there isn't really any prospecs of spain asking for help. but i think the market knows that if spain does ask for help, there's always the back stop of the omt and that's why spain is doing what it's doing. so so far so good. >> starting to get ahead of a heavy 2013 program. will that throw out problems? >> i think they're pursuing the right strategy. the big difference on this front between italy and spain is that italy has...
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Dec 3, 2012
12/12
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the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of the mess and now they are doing well economically because they cut, not just cut spending in the washington sense of increasing it at a slower rate they spent less one year after the other and now they are out of the trouble. if you understand the right definition of austerity is the way to go, the problem is in most of europe it means higher taxes, obama wants to give us the bad part of europe, without the good part. >>neil: thank you very much. they are not cutting anything. just slowing the growth. rebound and former president bill clinton hitting the links. this is a photo from last year. what we don't k
the road map is greece, italy, spain, all over europe but the president thinks you can tax-and-spend your way to prosperity. >>neil: what the administration throws back on the issue is take a look at italy and greece, austerity has worked. you say what? >>guest: they have a strange definition. alwaysst either to them means higher taxes in europe and the united states austerity means less spending. i am in favor of the right definition of austerity. the balkan countries got out of...
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Dec 9, 2012
12/12
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CNNW
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beautiful picture of someone riding a horse through a village in spain in honor of the patron saint of animals. this figure here -- this one absolutely striking, stunning photo, gabby giffords hugging the house cloak room attendant when gabby was resigning officially from senate. this is a tibetan monk who was in exile setting himself on fire in protest. let's just show you one more here, here's a rescue worker carrying a child in china after some earthquakes that had occurred back to back right there. now these are just some of what you can see on cnn.com as we look back at 2012. another spread we have got for you right here, and these are some of the best sports photos of the year, and i won't give you the stories behind them, because i'm going to consider this a tease to push you to the web. a chance to vote on the most intriguing person of the year. we have got some interesting choices up here. some of the kind of obvious people, like chris christie, you can pick any face, you can drag it over, say which ones you think are most intriguing. you've also got gabby douglas, david petra
beautiful picture of someone riding a horse through a village in spain in honor of the patron saint of animals. this figure here -- this one absolutely striking, stunning photo, gabby giffords hugging the house cloak room attendant when gabby was resigning officially from senate. this is a tibetan monk who was in exile setting himself on fire in protest. let's just show you one more here, here's a rescue worker carrying a child in china after some earthquakes that had occurred back to back...
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Dec 28, 2012
12/12
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interest rates are reasonable in spain, italy, and great britain. ashley: corporate earnings, signs of weakness in the last earnings season. concernedded about that? >> i think that it's cyclical. i think there's been little signs. i think we have to get employment together in the united states. housing is starting to come back. we're -- slowly, but in the north east in particular, there's more demand, and there's less housing inventory, but in the rest of the country, we have to wait and see on that. employment is really, really the key thing, and so what comes out of all the negotiations and how we employee people, infrastructure, and all of that makes a difference. ashley: companies hunkering down, a lot of cash, but not doing in until washington gets the act together. >> means technology, for example, could be a big sector. if companies get signals from washington and go out and invest into hiring people, putting technology online, it could be great, but we're just waiting and waiting and waiting, which is why it's a cliff hanger. ashley: cliff
interest rates are reasonable in spain, italy, and great britain. ashley: corporate earnings, signs of weakness in the last earnings season. concernedded about that? >> i think that it's cyclical. i think there's been little signs. i think we have to get employment together in the united states. housing is starting to come back. we're -- slowly, but in the north east in particular, there's more demand, and there's less housing inventory, but in the rest of the country, we have to wait and...
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Dec 5, 2012
12/12
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CNBC
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announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with investment information, risks, fees and expenses try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. wanted to provide better employee benefits while balancing the company's bottom line, their very first word was... [ to the tune of "lullaby and good night" ] ♪ af-lac ♪ aflac [ male announcer ] find out more at... [ duck ]
announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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Dec 11, 2012
12/12
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CNBC
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we are not where we were two years ago, not only in spain, but in italy. one of the few countries in the eurozone where the share of international investors, but i think if we were to talk about the flows, we should be looking more at france than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of revenue streams, so they're just doing the job. i should say the italian treasury here is doing an excellent job over the years. >> the fed is beginning a two-day meeting today. the announcements come together. 12:30 eastern. the fed is expected to lunch a new bond bike program to replace the operation twist that expires at the end of this month, the goal to keep rates low, possibly soften the blow from any risk of the u.s. going over the fiscal cliff. but bernanke did warn last month that the fed couldn't offset that shock. how small is the risk that they don't deliver what credi
we are not where we were two years ago, not only in spain, but in italy. one of the few countries in the eurozone where the share of international investors, but i think if we were to talk about the flows, we should be looking more at france than spain. >> france has canceled its last two treasury bonds for the year. read anything into that? >> no. i think it's a mert of issuing out the files until next year. and the treasuries overall role in terms of high visibility in terms of...
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Dec 1, 2012
12/12
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it is important that we fix the over spending that is going to turn us into greece and spain. you talk about it all the time, it is so important we do that. even if we don't get rean elected it is so important -- reelected it is so important we do that we need all the leverage we got. >> sean: we are on our way to 20 trillion in debt. this is beyond fiscal cliff, this is a fiscal dive into i don't want to think where it can take us. >> some would say, if the dollar were not the international currency, we would have already been greece. >> sean: i brought up some ideas at the tkpweuplg of the program. i said okay, why don't we go for 200 billion in discretionary cuts to start, yes to entitlement reform, you agree? yes to serious tax reform? >> do i ever. when the president says fair share the perfect answer, flat tax. he has not made one pro bowsal that will have warren buffett paying the same as his secretary. it is called capital gains 15%. income tax is 15%. you make more, you pay more. you make less, you pay less. everybody pays their fair share. >> sean: same with value ad
it is important that we fix the over spending that is going to turn us into greece and spain. you talk about it all the time, it is so important we do that. even if we don't get rean elected it is so important -- reelected it is so important we do that we need all the leverage we got. >> sean: we are on our way to 20 trillion in debt. this is beyond fiscal cliff, this is a fiscal dive into i don't want to think where it can take us. >> some would say, if the dollar were not the...
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Dec 21, 2012
12/12
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5.3% for spain aren't bad considering. t thor row/dollar is weaker. most of the risk currencies are moving lower. euro/dollar down by .3%. sterling is weaker against the dollar. we're seeing the dollar generally up. the dollar/yen here up .4% for the yen. so we've seen some significant weakening as the bank of japan trying to combat deflation. but today, a pause in that move. joining us now with plenty more on the asian trade, diedra. >> it's not the end of the world, but it is pretty ugly out here in asia. markets were headed towards some gains today and then all of a sudden we did get that fiscal cliff set back. the nikkei 225 dropping a percent. you can see the dollar/yen hovering around 84. we were lower earlier on. this in south korea, the kospi shedding about 1%, as well. blame the politicians for their fiscal cliff negotiations or lack thereof. samsung electronics slumped 4%. it's that ongoing spat between samsung and apple. that weighed heavily on the kospi. now, in greater china, also some losses. the shanghai com
5.3% for spain aren't bad considering. t thor row/dollar is weaker. most of the risk currencies are moving lower. euro/dollar down by .3%. sterling is weaker against the dollar. we're seeing the dollar generally up. the dollar/yen here up .4% for the yen. so we've seen some significant weakening as the bank of japan trying to combat deflation. but today, a pause in that move. joining us now with plenty more on the asian trade, diedra. >> it's not the end of the world, but it is pretty...
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Dec 10, 2012
12/12
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we did see ten-year bond yields rise in italy and also in spain, because people tend to think of spain and italy together. so, there is a contagion factor here, as well. so -- >> walk us through the trade that you got. >> sure, so, i'd like to short the euro, but not against the dollar, because i think the dollar will stay weak until the fed meeting. i'm going to short it against the yen. i enter at 106.50, the current level it's trading. a target down at 104 and my stop is up at 107.50. >> all right, amelia, thank you. see you on friday. >> thank you. >>> let's check in with jane, see what's she's looking at next. jane? >> next, melissa, you have to ask yourself, how much do you love starbucks? do you really love it? and also, who should play john mcafee? preferably, someone who is living. we'll have some ideas when we come back. let's give thanks - for an idea. a grand idea called america. the idea that if you work hard, if you have a dream, if you work with your neighbors... you can do most anything. this led to other ideas like liberty and rock 'n' roll. to free markets, free enter
we did see ten-year bond yields rise in italy and also in spain, because people tend to think of spain and italy together. so, there is a contagion factor here, as well. so -- >> walk us through the trade that you got. >> sure, so, i'd like to short the euro, but not against the dollar, because i think the dollar will stay weak until the fed meeting. i'm going to short it against the yen. i enter at 106.50, the current level it's trading. a target down at 104 and my stop is up at...
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Dec 29, 2012
12/12
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MSNBCW
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i mean, countries like spain, italy -- >> the austerity policy. when you look at the country -- >> countries like spain and italy -- >> i'm talking about the labor market adjustments. >> they have seen 20%. that's a problem. >> i'm sorry. i didn't hear -- what did you say? >> spain, italy, unemployment around 15, 20%. >> of course they do. >> juliet, hang on, because it is connected to the german point. part of the reason that germany has been able to have export-led growth and be so successful internally, germany is the china of europe. >> i realize that. i made that point about 20 minutes ago. you add shock at the beginning. i'm not talking about the later stage of austerity and self-imposed pain, which is what europe is dealing with right now. but if you look at the ocb adjustment to the downturn and the u.s. has a huge g and p adjustment and loss of unemployment where a lot of these other european countries adjust on hours and their unemployment doesn't go up. that's the only point i was making. >> adjust on hours meaning you get something mor
i mean, countries like spain, italy -- >> the austerity policy. when you look at the country -- >> countries like spain and italy -- >> i'm talking about the labor market adjustments. >> they have seen 20%. that's a problem. >> i'm sorry. i didn't hear -- what did you say? >> spain, italy, unemployment around 15, 20%. >> of course they do. >> juliet, hang on, because it is connected to the german point. part of the reason that germany has been...
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Dec 6, 2012
12/12
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spain will have 4% stake. which means european government will no longer have their say in running the company. apart from strategy differences, they will no longer be able to name board members and they won't have veto rights anymore on commercial decisions. but the new government rules won't take effect up mid 2013 at the earliest because the shareholders will immediate to vote on that new governance and share holding structure. for the french government, it currently has 15% stake, so basically it will put a part of his stake in a trust fund and will have to give up the voting rights. held have to buy 12% from daimler. and they've decided to sell 7.5%. 61 million shares. it's been announced just a few minutes ago. >> has anybody spoken to angela merkel to see whether she's happy with this? >> apparently both governments say they're happy with this decision. but -- >> after the last time when they didn't bother to check with the german chancellor and assured us that it was all fine. i just wonder if that's d
spain will have 4% stake. which means european government will no longer have their say in running the company. apart from strategy differences, they will no longer be able to name board members and they won't have veto rights anymore on commercial decisions. but the new government rules won't take effect up mid 2013 at the earliest because the shareholders will immediate to vote on that new governance and share holding structure. for the french government, it currently has 15% stake, so...
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Dec 17, 2012
12/12
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needs to see the confirmation of europe for this thing to go -- >> but look at what will happen if spain activates the omt. any bank that owns all those sovereign debt are going to fly in europe. that's what people are anticipating. you will get that buy-in. >> we saw the banks fly today. bank america, closing at a 52-week high. bertha's got the latest on that. bertha? >> yeah, it's had a really strong day, b of a, extending those gains right now to an 18-month high. it closed at the highs of the day there at $11 a share. whitney says despite the monster run in financials and b of a up, the big banks are better capitalized and poised to be able to deploy earnings more freely. the feds march c-car will serve as what she calls the near term catalyst. the fed should allow b of a more room to use its capital and she thinks the board could quadruple the dividend. she also had citi and discover financial. whitney will be on with maria to talk about that call tomorrow. >> thank you, bertha. when she speaks, especially when it comes to the bank stocks, the stocks do move. do you buy into this mo
needs to see the confirmation of europe for this thing to go -- >> but look at what will happen if spain activates the omt. any bank that owns all those sovereign debt are going to fly in europe. that's what people are anticipating. you will get that buy-in. >> we saw the banks fly today. bank america, closing at a 52-week high. bertha's got the latest on that. bertha? >> yeah, it's had a really strong day, b of a, extending those gains right now to an 18-month high. it closed...
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Dec 11, 2012
12/12
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FBC
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you have negative growth, a recession in spain and italy this year. you also have negative growth in greece. there's only so much you can have of negative growth across the continent of europe before impact spending patterns across the world. there are positives out there but we have to be focused on the fact that these problems are not going to go away. one of every four people in spain are unemployed and under the age of 25. fifty-six% to not have a job. that is a major rest of the for disaster and the math does not work. if you try to fix a problem with negative growth and nobody working. dennis: a lesson here. one last note on the fed. what is your concern there? >> pretty simple. the fed has raised the credit market. yield and price are not real. they are buying up trillions of dollars of these bonds and i'm worried about the day when the market no longer listens to them. the market has not been bigger than the fed over the last few years. of the market gets bigger than the fed, look out. yields should be much higher than where they are and if we
you have negative growth, a recession in spain and italy this year. you also have negative growth in greece. there's only so much you can have of negative growth across the continent of europe before impact spending patterns across the world. there are positives out there but we have to be focused on the fact that these problems are not going to go away. one of every four people in spain are unemployed and under the age of 25. fifty-six% to not have a job. that is a major rest of the for...
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Dec 30, 2012
12/12
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in portugal, spain, italy, there isening political dysfunction. that is going to encourage russia to make moves of its own. you mention south africa, south africa is not going in 'n a good direction. it was supposed to be the most optimistic spot. maybe new zealand but somebody told me they are heading south. >> paul: coming down to obamacare. big changes may be coming for 2013 for you and your family thanks to the president's healthcare overhaul. we'll tell you what to expect when we come back. ly? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! time for citi price rewind. because your daughter really wants that pink castle thing. and you realldon't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it findone, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] no
in portugal, spain, italy, there isening political dysfunction. that is going to encourage russia to make moves of its own. you mention south africa, south africa is not going in 'n a good direction. it was supposed to be the most optimistic spot. maybe new zealand but somebody told me they are heading south. >> paul: coming down to obamacare. big changes may be coming for 2013 for you and your family thanks to the president's healthcare overhaul. we'll tell you what to expect when we...
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Dec 24, 2012
12/12
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WUSA
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. >>> it's been a difficult year in spain. one in four people there out of work, but it's ending with some christmas cheer. nearly 2,000 people hit the jackpot in the world's richest lottery. the story of el gordo is next on "cbs this morning." and it feels like your life revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to severe crohn's disease. in clinical studies, the majority of patients on humira saw significant symptom relief, and many achieved remission. humira can lower your ability to fight infections, including tuberculosis. serious, sometimes fatal events, such as infections, lymphoma, or other types of cancer, have happened. blood, liver and nervous system problems, serious allergic reactions, and new or worsening heart failure have occurred. before starting humira, your doctor should test you for tb. ask your doctor if you live in or have been to a region where
. >>> it's been a difficult year in spain. one in four people there out of work, but it's ending with some christmas cheer. nearly 2,000 people hit the jackpot in the world's richest lottery. the story of el gordo is next on "cbs this morning." and it feels like your life revolves around your symptoms, ask your gastroenterologist about humira adalimumab. humira has been proven to work for adults who have tried other medications but still experience the symptoms of moderate to...
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Dec 14, 2012
12/12
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FOXNEWSW
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impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. by showing you the apartment building >> i thought i would start you the red cross put us in a hotel so we were able to stay together. we're strong and if we overcame that or if we can overcome that... we can overcome anything. [ sniffles ] ♪ >> sean: welcome back to hannity. time for media mash, our weekly round up of all the ways the main extreme media tries to put their liberal spin on their news. when it camene to covering the passage of the right to work legislation in michigan, they couldn't hide their bias. here to explain it, brother bozell. how are. you, sir. >> brother hannity, how are you doing? >> sean: i'm doing good.
impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. by showing you the apartment building...
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Dec 27, 2012
12/12
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CNBC
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major problems that we haven't seen lately because of fiscal cliff and the headlines from italy and spain and of course portugal and greece is not finished yet. >> right. >> so there's plenty of problems. we're going to return back to basics after the fiscal cliff. people will say, you know what, i do need some place to put my money. >> probably not in the backyard or under the pillow. thank you for joining us. brian. >>> meantime, big news from d.c. not on the fiscal cliff. it is that epa administrator lisa jackson is stepping down. her term really has been marked by battles over things like the keystone xl pipeline and coal fired power plants. just this month alone the epa has enacted rules that will cost businesses billions of dollars in regulation. that's why some may be saying good riddance. let's bring in robert costas. isn't that harsh? listen, you don't have to agree with her. she had her vision and she went for it. what's wrong with that? >> i think it's not harsh at all. this has been one of the most activist administrators in the obama administration. she comes in in 2009. imme
major problems that we haven't seen lately because of fiscal cliff and the headlines from italy and spain and of course portugal and greece is not finished yet. >> right. >> so there's plenty of problems. we're going to return back to basics after the fiscal cliff. people will say, you know what, i do need some place to put my money. >> probably not in the backyard or under the pillow. thank you for joining us. brian. >>> meantime, big news from d.c. not on the fiscal...
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Dec 29, 2012
12/12
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FOXNEWSW
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the crisis in europe is going to get dramatically worse in portugal, spain, italy. there is dysfunction in the european union. that's one place to look. that's going to encourage russia to make moves of its own, you mentioned south africa. south africa is not going in a good direction, it's supposed to be the most optimistic spot on the african continent. so i don't see many bright spots, maybe new zealand, but some say that even new seeland-- >> still ahead, counting to obamacare. big changes could be coming in 2013 for you and your family. thanks to the president's health care overhaul. we'll tell you what to expect when we come back. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! >> well, get ready, america, for the arrival of obamacare, some key provisions of the president's mammoth overhaul kick in come january and joe is here to tell you what to expect. or as
the crisis in europe is going to get dramatically worse in portugal, spain, italy. there is dysfunction in the european union. that's one place to look. that's going to encourage russia to make moves of its own, you mentioned south africa. south africa is not going in a good direction, it's supposed to be the most optimistic spot on the african continent. so i don't see many bright spots, maybe new zealand, but some say that even new seeland-- >> still ahead, counting to obamacare. big...
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Dec 8, 2012
12/12
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CNNW
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announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. with less chronic osteoarthritis pain. imagine living your life with less chronic low back pain. imagine you, with less pain. cymbalta can help. cymbalta is fda-approved to manage chronic musculoskeletal pain. one non-narcotic pill a day, every day, can help reduce this pain. tell your doctor right away if your mood worsens, you have unusual changes in mood or behavior or thoughts of suicide. antidepressants can increase these in children, teens, and young adults. cymbalta is not approved for children under 18. people taking maois or thioridazine or with uncontrolled glaucoma should not take cymb
announcer ] how can power consumption in china, impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before...
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Dec 5, 2012
12/12
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if we look towards spain and their 10-year, there isn't a lot to see on this intraday chart except for we've heard a lot about buy-backs and how great it is. today we had a public auction and they didn't show up for the entire amount. a dozen basis points isn't huge and these levels around 5.40 are a lot lower than they've been but this is something to pay attention to. >>> super storm sandy and anxiety over the fiscal cliff affecting job growth. adp showing the private sector created 115,000 positions last month. the expectation was about 125,000. it comes ahead of friday's key employment report and to talk about that and more, our senior economics reporter steve leisman joins us from washington. steve, we'll talk about your interview with secretary geithner in a moment but let's talk about those economic numbers. what about today's, what about friday's? >> before i get to the adp number, i have new information i've been able to report on the way down here from new york. that is, be prepared on friday for potentially, especially in the household survey that creates the unemployment nu
if we look towards spain and their 10-year, there isn't a lot to see on this intraday chart except for we've heard a lot about buy-backs and how great it is. today we had a public auction and they didn't show up for the entire amount. a dozen basis points isn't huge and these levels around 5.40 are a lot lower than they've been but this is something to pay attention to. >>> super storm sandy and anxiety over the fiscal cliff affecting job growth. adp showing the private sector created...
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Dec 12, 2012
12/12
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. >>> coming up in the program, spain's biggest export. an analyst who says shoppers are ready to spend. >>> and the vice president hugo chavez's cancer operation that was successful. heel be in miami to speak -- we'll be in miami to speak to an an lifted who talks about the transition of power. >>> plus, joined in studio by the ceo of japanese merchandising giant sanrio. what will the man in charge of -- yes -- hello kitty have to say about holiday spending? that's at 5:20 eastern. 11:20 central/european time. >>> u.s. budget talks have intensified. president obama and house speaker john boehner spoke by phone tuesday after exchanging new proposals. aides confirm the president gave boehner a revised offer on monday, reducing demand for new tax revenue from $1.6 trillion to $1.4 trillion over the next decade. boehner responded with a plan that largely sticks by his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal which it hasn't put on the table b
. >>> coming up in the program, spain's biggest export. an analyst who says shoppers are ready to spend. >>> and the vice president hugo chavez's cancer operation that was successful. heel be in miami to speak -- we'll be in miami to speak to an an lifted who talks about the transition of power. >>> plus, joined in studio by the ceo of japanese merchandising giant sanrio. what will the man in charge of -- yes -- hello kitty have to say about holiday spending? that's...
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Dec 24, 2012
12/12
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KPIX
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it's been a rough year in spain with 25% unemployment. spaniards are celebrating this morning with a lot of extra cash in their pockets. they won it in the lottery called el gordo. translation, the fast one. the numbers tumbled in a couple of machines that looked somewhat like a rocket ship and there was magic for those looking for an extra christmas present. it will help us to breathe a bit so our advances improve. and lady luck hat a sweet sound. school kids sitting out the winning numbers and millions waiting to see if they would share in the $3.3 billion in prisons. unlike lotsries in the u.s. where they get a big jackpot. el gordo is spread among thousands, good for a country where many hunt for foot in the garbage. so the champagne flowed across the country. the biggest winners walked away with up to half a million dollar. this unemployed electrician had to borougherow money from his girlfriend girlfriend's father to pay for a ticket and won $2,500. it's to be for the house. i don't know what to say. so much happiness. >> many pulle
it's been a rough year in spain with 25% unemployment. spaniards are celebrating this morning with a lot of extra cash in their pockets. they won it in the lottery called el gordo. translation, the fast one. the numbers tumbled in a couple of machines that looked somewhat like a rocket ship and there was magic for those looking for an extra christmas present. it will help us to breathe a bit so our advances improve. and lady luck hat a sweet sound. school kids sitting out the winning numbers...
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Dec 10, 2012
12/12
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CNBC
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spain down also. mario monti announcing he will resign as prime minister having lost the support of silvio berlusconi's majority in parliament. so how bad is the political crisis? well, the sort of analysis we're getting out at the moment, certainly from jpmorgan, saying concerns may be overdone at this stage. you know, mario manatee may declare himself as a candidate for that earlier election. he could align himself with a later party and he could come back in some form of coalition. if not, people are saying look, the leader is also pro-austerity. silvio berlusconi is not going to end up running italy. i think perhaps a bigger issue at this stage, and this is from deutsche bank whether the virtual intervention we've had, the ecb saying we will intervene if we have to, may now be wearing a little bit thin. there is a knee-jerk reaction. the italian banks, they're all down. they're clogging up the bottom of the stock 600 in europe. so the banks have fallen. some of the industrials have also been marke
spain down also. mario monti announcing he will resign as prime minister having lost the support of silvio berlusconi's majority in parliament. so how bad is the political crisis? well, the sort of analysis we're getting out at the moment, certainly from jpmorgan, saying concerns may be overdone at this stage. you know, mario manatee may declare himself as a candidate for that earlier election. he could align himself with a later party and he could come back in some form of coalition. if not,...
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Dec 19, 2012
12/12
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. >> we're afraid spain is going to come -- spain was supposed to come to market. italy, oh, my, what happens when italy -- it turns out you had to take it down. i know that john corzine, very controversial figure. that's a code word. but what a trade they almost had. in the news again today. >> almost. >> horseshoes, hand grenades. >> we should point out, gm was certainly not having the easiest of times of it. this morning's stock is up sharply, we're telling you why. the company will buy back at a premium to at least what was the market price as of yesterday, 200 million shares from the government at $27.50. that having the effect of sending the stock above that. why not, if you're gm, you've got all this cash sitting on your balance sheet. you're earning virtually nothing on it, why not take the opportunity, even at a premium, to buy it back by as much as 11%, shrinking the cap by that much. we heard from tim massad who runs t.a.r.p., they'll be dribbling out the shares over time. the next 12 to 15 months. similar to the strategy employed with citi. a bit of it
. >> we're afraid spain is going to come -- spain was supposed to come to market. italy, oh, my, what happens when italy -- it turns out you had to take it down. i know that john corzine, very controversial figure. that's a code word. but what a trade they almost had. in the news again today. >> almost. >> horseshoes, hand grenades. >> we should point out, gm was certainly not having the easiest of times of it. this morning's stock is up sharply, we're telling you why....
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Dec 18, 2012
12/12
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and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once again the target of a "new york times" investigation. but does the paper add anything new and can the stock outperform just as it did last time. >> private equity firm server said it will sell the firearms conglomerate. is private equity talking about guns in the country. >> futures moving higher on optimism. the white house republicans rising above partisanship, getting closer to striking a deal on the fiscal cliff. we have the latest on not just the breakdown of this offer, but by the response of some key senators this morning. good mo
and a t-bill auction in spain. our road map begins with what appear to be significant progress in the debt negotiations overnight. a whose proposal looking to raise rates for those making more than $400,000 a year. but senator corker on squawk just poured a bucket of ice water on those hopes. >> whitney boosts her recommendations on citi, bank of america and discover financial. is that move by one of the more famous financial bears, a sign of a new era for banks? >> walmart is once...
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Dec 24, 2012
12/12
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spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took place as we moved into the fall and into the winter. it was the realization that most of these countries could take no more austerity. social welfare having been cut, health care cut, unemployment, growth virtually nonexistent. now the talk is not of more austerity, but how to get growth started again across the contine continent. suzanne. >> thank you, richard. >>> christmas, of course, is a time of giving, but there are many struggling families in boston that couldn't aafford to get their children he anything. this year for almost six decades help kamt not in santa's sleigh but in a big, brown
spain, italy, the uk, all found austerity taking its toll even more as unemployment continued to rise in some of those countries. even the large country, the economic powerhouse germany found its slelf slowing down. the root cause of it all was the inability of the european governments to come to policies to get growth started again. towards the middle and end of the year they did, but the tale was style there. very much austerity again and again. perhaps if there was only one change that took...
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Dec 3, 2012
12/12
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the tensions are easing in this italy and spain. let's show where we are, in spain, for example. you see the way in which the yields are down there. again, the spanish market is rallying. jpmorgan believes the rally and peripheral bond markets will continue because institutions will be forced into the core, because it's expensive not to be invested there. if you like. and at the same time, because they think that -- actually, yields at this level are still too high for the ecb. don't fight the ecb, is the message from jpmorgan. buy where we are at the moment. let's show where we are on italian debt. and you'll see again the yields have fallen in milan. there you go. and if you look at the spread, the difference between italian debt and german debt, that fell below 300 basis points today for the first time since march. into the fray, and i think this is very important. jim o'neill at goldmans on cnbc today, did you catch it, he thinks because of the fiscal cliff here in the united states, increaseingly investors are moving into europe. check out what he had to say. >> i detect mor
the tensions are easing in this italy and spain. let's show where we are, in spain, for example. you see the way in which the yields are down there. again, the spanish market is rallying. jpmorgan believes the rally and peripheral bond markets will continue because institutions will be forced into the core, because it's expensive not to be invested there. if you like. and at the same time, because they think that -- actually, yields at this level are still too high for the ecb. don't fight the...
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Dec 11, 2012
12/12
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is investor attention returning to spain? here is the thing. italy is the third biggest government debt market in the world. it's the third biggest economy in the eurozone. whatever happens with its political situation could put neighboring pressure on spain. the main thing to keep an eye on here is whether spain comes back into the markets cross hairs. we saw today an auction go up reasonably well. we're looking for the country still needing to raise significant amounts of money into the new year. and in a final reminder of the ten ewe yigz situation, greece had to extend the time frame of its own buyback of debt to the end of today. for the most part, despite these gyrations and despite berlusconi accusing monti of bad policy, markets are shruggedel it off after serious losses yesterday. the way it's clear for attention to be focused, i will say, on the fiscal cliff in the u.s. today. >> yeah. italy is important. it's a big economy. we don't -- you know, compared to what's going on over here -- >> i missed mario monti on vacation. >> you miss
is investor attention returning to spain? here is the thing. italy is the third biggest government debt market in the world. it's the third biggest economy in the eurozone. whatever happens with its political situation could put neighboring pressure on spain. the main thing to keep an eye on here is whether spain comes back into the markets cross hairs. we saw today an auction go up reasonably well. we're looking for the country still needing to raise significant amounts of money into the new...
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Dec 5, 2012
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i heard similar things for the last 3 1/2 years whether it was dubai and bp oil spill or greece or spain or the deleveraging or foreclosures. any of these things that we're supposed to take us out and yet we keep moving. i think the fiscal cliff is another one of these. >> let me ask you about the timing then. deutsche bank had a note out yesterday where they suggested that central banks have bought us a six months of time on the markets. if pmis do not improve, will we see growth? what would you say to that view? >> i mean, i'm pretty simple on this. i do not believe and we could debate this probably all day that quantitative easing itself has helped the economy at all. banks put that money right back to the fed as excess reserves. it hasn't boosted money in the economy. i don't believe that we've seen a false rally or sugar high. i think the growth in the economy and growth in the markets has been driven by productivity and profits. i think it's real. it's slow. it's real. we're going to have a weak fourth quarter. i believe most of that weakness is because of sandy. we're going to pic
i heard similar things for the last 3 1/2 years whether it was dubai and bp oil spill or greece or spain or the deleveraging or foreclosures. any of these things that we're supposed to take us out and yet we keep moving. i think the fiscal cliff is another one of these. >> let me ask you about the timing then. deutsche bank had a note out yesterday where they suggested that central banks have bought us a six months of time on the markets. if pmis do not improve, will we see growth? what...
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Dec 14, 2012
12/12
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japan tops the list for women, followed by south korea, spain, and singapore. u.s. women finished 33rd in the tie with astona. >> we have to get ahead of astonia. >> all right. barbara streisand talking romance and politics with piers morgan. the hollywood icon says she's never been in love with a republican and never could be. she's a big president obama supporter and says the one thing that makes her proudest is his support for women and barbara streisand has a particular woman in mind to succeed the president. >> well, we're one of the last countries to ever think of having a woman be president. but i think that's possible now. but it wasn't years ago. >> do you think hillary is likely to run? >> i don't know but i hope after a four-year rest that she would run because she would be a great woman president. >> piers asked barbara streisand to name the greatest actor she's ever seen. her answer, marlon brando. good pick. >> i would say so. >>> the unseen victims of a growing epidemic in this country. coming up, prescription drug abuse and the impact on people who n
japan tops the list for women, followed by south korea, spain, and singapore. u.s. women finished 33rd in the tie with astona. >> we have to get ahead of astonia. >> all right. barbara streisand talking romance and politics with piers morgan. the hollywood icon says she's never been in love with a republican and never could be. she's a big president obama supporter and says the one thing that makes her proudest is his support for women and barbara streisand has a particular woman in...
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Dec 12, 2012
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. >> remember when we used to talk about spain? italy? >> the good old days. spain was borrowing at 7%. >> germany went to the five-year high. we could have that, too. unlike them, our economy is not in tatters. they go five-year high on tatters. audi, good car. >> yes. good car. >> meantime, shares of costco this morning up in the premarket. warehouse retailer earned 95 cents a share in the first fiscal quarter. revenue, profit margins beating forecasts helped by rising sales. those higher membership fees did hike fees a year ago november, which doesn't happen very often. the journal today says, model looks great. the business is great. the stock is just -- people want to pay a lot of money for it, jim. >> oh, yeah, costco, those are remarkable numbers. i know you did an excellent special on coastco and it seems like the execution was impressive. people want to go there. >> as gas prices come down, that helps them, given they make it a bit of a loss leader. valuation rich for your blood. >> when you go to buy a house, you see kirkland more than any other bran
. >> remember when we used to talk about spain? italy? >> the good old days. spain was borrowing at 7%. >> germany went to the five-year high. we could have that, too. unlike them, our economy is not in tatters. they go five-year high on tatters. audi, good car. >> yes. good car. >> meantime, shares of costco this morning up in the premarket. warehouse retailer earned 95 cents a share in the first fiscal quarter. revenue, profit margins beating forecasts helped by...
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Dec 29, 2012
12/12
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WRC
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a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan dreyer has a check of the national forecast. good morning. >> good morning to you guys. yeah, talking about snow in the northeast. rain in the southeast. and right smack dab in the middle of the country, >>> snow will continue coming east. expect your snow chance prior to noon today. after that, it's rain. all the precipitation ending about 3:00 today. take a look because some folks are saying, where's the snow? it's west of us now between now and 9:00. that line will come to the east. we will be getting some snowfall in here, but only for about three or four hours. amounts pretty light. an inch, maybe just over that in montgomery county.
a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan...
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Dec 17, 2012
12/12
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you see how spain, italy traded. so we're kind of nervous. the street is kind of out of paper so they can't screw it up right now. oh, shoot. i forgot to say hi to my mom! hi, mom! so that's important. because she'll get really mad if i don't. so, you have -- so you have -- >> you haven't said anything bad yet. it all sounds good. >> i'll tell you bad stuff if you want to hear it. >> no, we don't want to hear it. >> bottom line, joe, there's a trillion dollars, you got more money coming in of stimulus, and i got this market next year. so i got all kinds of different markets right now. i got credit markets which we know a lot about. we're really big equity guys, too. and i got equity markets like credit markets. i got credit markets that are so -- they're not -- i wouldn't say they're in bubble territory, but they're rich. and the spreads are at pretty good levels right now. you know, and i'll tell you how rich they are. you know this country, ivory coast, cote d'ivoire, to speak french although my french accent sucks, we bought this paper, in
you see how spain, italy traded. so we're kind of nervous. the street is kind of out of paper so they can't screw it up right now. oh, shoot. i forgot to say hi to my mom! hi, mom! so that's important. because she'll get really mad if i don't. so, you have -- so you have -- >> you haven't said anything bad yet. it all sounds good. >> i'll tell you bad stuff if you want to hear it. >> no, we don't want to hear it. >> bottom line, joe, there's a trillion dollars, you got...
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annual corruption index says all the countries embroiled in financial crisis top the list in europe, spain, portugal, yes, operationsy, italy. it measures the perception of the corruption in the public sector. as the most corrupt nations in the world. here we go. afghanistan, north korea, and somalia top the list. on the other side of the spectrum, countries with least perceived corruption, denmark, fin left-hand and new zealand. where does the u.s. rank? 19th. tracy: nobody lives in those countries. ashley: what they do is very simple and very clean. tracy: very blond. ashley: very blond. definitely in denmark and finland, that's for sure. tracy: the dark skin, the dark eyes. we're all evil at heart. ashley: that is the quote of the day. thanks, tracy. i didn't say that. tracy: all right. quarter after. come on. right? think about it. as we do every 15 minutes we check on the markets, nicole petallides on the floor of the new york stock exchange. from the most corrupt country in europe, good to have you with us. >> that is me. evil. i'm a little devil at heart. let's take a look at a big
annual corruption index says all the countries embroiled in financial crisis top the list in europe, spain, portugal, yes, operationsy, italy. it measures the perception of the corruption in the public sector. as the most corrupt nations in the world. here we go. afghanistan, north korea, and somalia top the list. on the other side of the spectrum, countries with least perceived corruption, denmark, fin left-hand and new zealand. where does the u.s. rank? 19th. tracy: nobody lives in those...
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249
Dec 12, 2012
12/12
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CNBC
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that's what's happening in spain. i want to draw your attention -- use guys were talking about unions. here's a union story that tells something about the rebalancing in the eurozone. potentially germany. we know with the xetera dax up .3%. and almost 30% this year. investors see if the euro project hangs together, it's going to mean renation in germany. that is some wage inflation, some price inflation. the public sector union verde, powerful union, along with some others with its contract up at the end of the year is asking, guys, for a 6.5% pay rise next year. it got about 2.5% for the last couple of years. it is on the public sector side but also an example of what kind of pay hikes we may see flowing through to the german economy. if that helps support spending, despite weak industrial production figures and concern about growth prospects, there may be some rebalancing toward the german consumer taking on more of the heavy lifting across the eurozone. so one to keep an eye on, guys. >> thank you very much. we sho
that's what's happening in spain. i want to draw your attention -- use guys were talking about unions. here's a union story that tells something about the rebalancing in the eurozone. potentially germany. we know with the xetera dax up .3%. and almost 30% this year. investors see if the euro project hangs together, it's going to mean renation in germany. that is some wage inflation, some price inflation. the public sector union verde, powerful union, along with some others with its contract up...
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380
Dec 29, 2012
12/12
by
WBAL
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a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan dreyer has a check of the national forecast. good morning. >> good morning to you guys. yeah, talking about snow in the northeast. rain in the southeast. and right smack dab in the middle of the country, it looks nice and sunny. it will be cold. temperatures only in the 20s and 30s. we are looking again at most areas in the northeast around one to three inches. we're not talking about a lot of flag or a lot of wind -- flooding or a lot of wind. southeastern massachusetts will be a jackpot area where we could end up with about six to nine inches of snow. the southeast will see the rain mostly through this morning. it will be heavy at times
a town in southeast spain is cleaning up after revelers battled it out with flour, eggs, and -- wait for it -- firecrackers. the annual flour/egg/firecracker fight takes place on december 28 and celebrates spain's equivalent of april fool's day. to recap, that is flour, eggs, and firecrackers. jud . >> do they combine? >> yeah, like bisquick a la requirecrackers. >> some story meetings -- >> maybe next year. >> maybe. we'll see. >> thanks. >>> dylan...
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210
Dec 26, 2012
12/12
by
FOXNEWSW
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we see greece, and spain and italy, and france. they all grow slow of the they have extremely high unemployment rates. we would have a slow economy and high unemployment forever if we taxed ourselves like that. gregg: all right. >> this idea that somehow you can't tax the middle class or we won't, it's impossible. if we keep --. gregg: that is a bad idea, right, i get it. i get it. vat. that i get. >> value-added tax is the worst thing. gregg: brian, what is the solution? >> yeah. i, well, if i were king for a day and told to make the economy grow faster, i would cut the size of our federal government. we need to cut spending everywhere because, the best our economy has done in the last 30 years is during the '80s and '90s. that's when ronald reagan and bill clinton cut spending. i would take the clinton tax rates, right now, i would take them. gregg: really. >> they won't hurt the economy, if, i got clinton's spending. he spent one-third less on federal government than barack obama is today, one-third less. we've increased the siz
we see greece, and spain and italy, and france. they all grow slow of the they have extremely high unemployment rates. we would have a slow economy and high unemployment forever if we taxed ourselves like that. gregg: all right. >> this idea that somehow you can't tax the middle class or we won't, it's impossible. if we keep --. gregg: that is a bad idea, right, i get it. i get it. vat. that i get. >> value-added tax is the worst thing. gregg: brian, what is the solution? >>...